View of Rössing uranium open pit mine. (Image courtesy of Rio Tinto.) China’s only uranium miner raised around 4 billion yuan ($570 million) as it debuted on the Shenzhen exchange on Wednesday, with its shares more than tripling in value. The initial public offering comes as China aggressively expands its fleet of nuclear power plants. It …
Uranium mining in Niger is at the center of a standoff between the junta that took power in 2023 and Orano, which is 90-percent owned by the French government and has operated mines in Niger for decades Niger’s military regime on Sunday announced it was putting uranium produced by Somair — a subsidiary of French …
Canada and India are close to finalising an export agreement in a deal valued at about US$2.8 billion, the Globe and Mail reported on Monday, citing people familiar with the matter. The deal for Canada to ship uranium to India would run for 10 years if finalised, the report said, adding that uranium would be …
Lithuania’s Ignalina Nuclear Power Plant, fully shut down since 2010, attempted to sell its unused nuclear fuel to France and Russia while the country was searching for a site for a future deep geological repository. Both attempts were unsuccessful, Caliber.Az reports, citing LRT.lt, the official news portal of Lithuania’s public broadcaster. According to Patricija Ceiko, adviser on nuclear energy …
The lead fuel assembly (LFA) is running in Unit 2 of the Calvert Cliffs plant in Maryland. The first complete assembly of enhanced accident-tolerant fuel (E-ATF) to operate in a commercial nuclear reactor has successfully completed its second 24-month operational cycle and has been loaded for a third cycle. The lead fuel assembly (LFA) is …
South Korea will keep an eye on revising a nuclear pact with the United States when engaging in consultations with Washington on expanding its rights to uranium enrichment and spent nuclear fuel reprocessing, a senior diplomat said Friday. First Vice Minister Park Yoon-joo made the remarks during a session of the parliamentary Foreign Affairs and …
As Finland is striving to free itself from Russian energy imports, the country remains crucially dependent on its neighbor for fueling the transition. Russia’s share in Finland’s energy import has gone down to almost zero Olkiluoto island on the western coast of Finland used to be just an energy hub for the country bordering Russia. But with …
The Turkish government has publicly acknowledged its dependence on Russia for uranium fuel at the Akkuyu Nuclear Power Plant, an admission that reflects both growing discomfort in Ankara and a wider effort to rebalance relations toward the West. Energy Minister Alparslan Bayraktar told parliament’s budget committee on November 7 that Turkey relies entirely on Russia’s …
After years of federal efforts to revive nuclear power, old mines are stirring again in Wyoming, Texas and Arizona, while new ones line up for permitting expedited by a Trump executive order. The remote dirt road through dusty fields of sagebrush that John Cash drove along in June seemed to pass little of economic value. …
Nigerien authorities are seeking to sell yellowcake uranium stockpiled at the Arlit site, formerly operated by the French company Orano, which was forced to halt its activities following the 2023 coup d’état. Hundreds of metric tons of uranium are being loaded onto trucks crossing regions controlled by jihadist groups affiliated with Al-Qaeda and the Islamic …